Conversion of indian financial statements into us gaap
This query is : Resolved
Digpal Singh Rathod
(Querist)
16 November 2011
Hi,
I would like to know how to convert Financial Statement prepared with Indian GAAP to US GAAP.
I would like to know how to convert Financial Statement prepared with Indian GAAP to US GAAP.
CA SUMiT PATWARi
(Expert)
16 November 2011
Where you want to convert your financial statements to US GAAP from I GAAP, you will need to reprepare your balance sheet and p&l account in accordance with the US GAAP for last 3 years minimum (for listing in US).
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